Less Than Fair Value


Also found in: Acronyms.

Less Than Fair Value

The deliberate sale of an export so that the export is significantly less expensive than a domestically produced good. A less than fair value sale is not simply less expensive, it is determined to be anti-competitive. Importing countries attempt to counteract less than fair value sales by setting up tariff barriers or countervailing duties. See also: Dumping.
References in periodicals archive ?
sugar producers say the Mexican sugar is unfairly subsidized by the Mexican government and sold in the United States at less than fair value. This had led the American Sugar Alliance, which represents U.S.
"My approach is to pay less than fair value for the business to have a higher margin of safety.
In accordance with this law, when the Secretary of Commerce determines that a product is being sold, or likely to be sold, at less than fair value, or is being subsidized, he is to advise the International Trade Commission.
"As such, we expect any restructuring would take place outside any existing statutory framework, presumably involving the sale by RBS of certain assets at no less than fair value in order to avoid a breach of European Union state aid rules."
industry is materially injured by reason of imports of hardwood plywood from China that are allegedly subsidized and sold in the United States at less than fair value."
In short, a transferee faces two possible scenarios in which a payment may be challenged under fraudulent transfer laws--challenges to transfers involving actual fraudulent intent and challenges to transfers where no fraudulent intent was necessarily present but the transfer was for less than fair value during the debtor's insolvency, or it rendered the debtor insolvent (as in the first two examples above).
Commerce Department has determined are subsidized and sold in the United States at less than fair value."
industry is materially injured or threatened'' by imports of seamless refined copper pipes and tubes from China and Mexico that are allegedly sold in the United States at less than fair value.
at less than fair value. Such dumping was found to have occurred, and antidumping duties were imposed.
In the real estate industry, the cost of real estate owned by REITs is in many cases vastly less than fair value of the real estate.
International Trade Commission, alleging that imports of lined paper school supplies from India, Indonesia, and China are being sold at less than fair value, causing material injury to the U.S.
Department of Commerce's determination that the imported boards are being sold in the United States at less than fair value. As a result of the findings, the Commerce Department will issue an anti-dumping order on Chinese imports in early August, followed by the collection of anti-dumping duties on Chinese imports.